Available for Purchase
Type "33" Plenary Retail Consumption Liquor License
permits sale of alcoholic beverages for consumption on/off premises*
MADISON, NEW JERSEY
Madison
- Population: 16,937 | HH: 5,745*
- Large territory (4.3 mi.2)*
- High density (3,927 inhabitants per mi.2)*
- Median Income $163,567 | Median Age: 38*
- 25 miles west of downtown Manhattan
- Within 5 miles of Morristown (county seat)
- Home to 3 colleges offering access to PT & FT labor
- Only 7 licenses of this type exist in town
- Consistently ranked “Best Place to Live” in NJ
- Surrounded by several Fortune 500 companies
Morris County
- Highest per capita income in NJ ($111,597)*
- 2nd highest concentration NJ earners $200K+ (29%)*
- 14th wealthiest county in 3,113 US counties*
- 9th most populous NJ county (512,565)*
Sizing the Opportunity
Large Madison Operators | Abundance of Customers
Hospitality
Pharma, Health & Wellness
Retail & Other Businesses
Local Universities
Some Resources to Get You Started:
Acquiring a New Jersey Liquor License
Shops & Retail Spaces
Find your next commercial property
Submit an Offer
Interested in acquiring this liquor license? Reach out to us.
Consider This...
Frequently Asked Questions
Liquor license transfers are privately negotiated transactions between buyer and seller, which result in transaction prices that reflect the opportunity present within the municipality / town in which it operates. As such, transactions prices fluctuate.
Liquor license transfers are subject to the regulatory review procedure and can typically be completed within 30 to 60 days. However, it is best to start the process as early as possible in order to meet your targeted timeline.
Yes, recent regulation has loosened restrictions for some operators, while providing incentive for existing license transfers to take place. See the NJEDA article referenced on this site. Now is the time to make your offer!